KeyCorp reaffirmed their hold rating on shares of Ethan Allen Interiors Inc. (NYSE:ETH) in a report released on Tuesday, October 17th.
Several other research firms also recently weighed in on ETH. TheStreet upgraded shares of Ethan Allen Interiors from a c+ rating to a b- rating in a research report on Thursday, June 29th. Stifel Nicolaus reiterated a hold rating and issued a $27.00 price target on shares of Ethan Allen Interiors in a research report on Friday, October 13th. Dougherty & Co upgraded shares of Ethan Allen Interiors from a neutral rating to a buy rating and set a $35.00 price target on the stock in a research report on Friday, October 13th. Finally, BidaskClub upgraded shares of Ethan Allen Interiors from a hold rating to a buy rating in a research report on Tuesday, August 1st. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and an average target price of $33.50.
Shares of Ethan Allen Interiors (NYSE ETH) traded down 3.84% during trading on Tuesday, reaching $30.05. The company’s stock had a trading volume of 334,598 shares. Ethan Allen Interiors has a 52-week low of $26.75 and a 52-week high of $38.80. The company has a market cap of $824.78 million, a PE ratio of 23.29 and a beta of 1.20. The firm’s 50-day moving average is $30.93 and its 200 day moving average is $30.19.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.28. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The company had revenue of $181.30 million for the quarter, compared to the consensus estimate of $181.30 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. On average, equities research analysts predict that Ethan Allen Interiors will post $1.67 EPS for the current fiscal year.
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A number of institutional investors and hedge funds have recently bought and sold shares of ETH. BlackRock Inc. grew its stake in Ethan Allen Interiors by 122,313.2% during the first quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after acquiring an additional 3,432,107 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in Ethan Allen Interiors by 46.4% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 855,725 shares of the company’s stock valued at $27,640,000 after acquiring an additional 271,300 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Ethan Allen Interiors by 14.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after acquiring an additional 238,300 shares in the last quarter. Royce & Associates LP grew its stake in Ethan Allen Interiors by 9.7% during the second quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after acquiring an additional 220,324 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Ethan Allen Interiors by 24.3% in the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock worth $32,171,000 after buying an additional 194,421 shares in the last quarter. 99.41% of the stock is owned by institutional investors.
About Ethan Allen Interiors
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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